|Frank Porter Stansberry|
|Alma mater||University of Florida|
|Occupation||Financial publisher, Founder Stansberry & Associates|
Frank Porter Stansberry is an American financial publisher and author. Stansberry founded Stansberry & Associates Investment Research, a private publishing company based in Baltimore, Maryland, in 1999. He is the author of the monthly newsletter, Stansberry's Investment Advisory, which covers investments and investment theory in commodities, real estate, and the stock market. He is also the creator of the 2011 online video and infomercial titled "End of America" (77 min). In 2002, the SEC brought a case for securities fraud and a federal judge fined him $1.5 million in 2007.
In 1999 Stansberry founded Stansberry & Associates Investment Research, a private publishing company based in Baltimore, Maryland. He is the editor of the internet financial newsletters Porter Stansberry's Investment Advisory and Porter Stansberry’s Put Strategy Report. He also contributes regularly to Daily Wealth and The Growth Stock Wire, other Stansberry & Associates publications.
End of America
In 2010, Stansberry published a viral 77-minute infomercial titled "End of America.
In 2003, the U.S. Securities and Exchange Commission brought a case against Stansberry for a "scheme to defraud public investors by disseminating false information in several Internet newsletters." A federal court, upheld on appeal, found that Stansberry had sent out a newsletter to subscribers, predicting one company's stock was about to soar. Stansberry maintains that his information came from a company executive; the court found that he fabricated the source. The company's stock price did increase for the reasons Stansberry had pinpointed, but about a month later than Stansberry had predicted. In 2007, he and his investment firm, then called "Pirate Investor," were ordered by a U.S. District Court to pay $1.5 million in restitution and civil penalties. The court rejected Stansberry’s 1st Amendment defense, saying "Stansberry's conduct undoubtedly involved deliberate fraud, making statements that he knew to be false."
- Liptak, Adam. "E-mail Stock Tip Tests Limits of Security Laws". The New York Times. Retrieved 3 August 2003.
- "The End of America".. The original URL is www.stansberryresearch.com/pro/1011PSIENDVD/PPSIM1AJ/PR but one cannot pause the video.
- Curtin, Stacy. ""The End of America": Porter Stansberry Sees the Future ... And It's Grim". Yahoo Finance.
- Bishop, Tricia (August 10, 2007). "$1.5 million payback ordered in SEC suit". Baltimore Sun. Retrieved 26 September 2012.
- "Porter Stansberry Profile". Townhall.com.
- "Daily Wealth". Dailywealth.com.
- "Agora Inc.". Agora.
- "The Fleet Street Letter".
- "Yahoo Finance Tech Ticker with Aaron Task". Yahoo Finance.
- "The Roger Hedgecock Show". Radio America. Retrieved 16 March 2011.
- "Is the Stock Market Lying To Us? – Episode 035". Off the Grid News.
- "As the Worm Turns – Episode 028". Off the Grid News.
- "Alex Jones – InfoWars" (mp3). Retrieved 14 December 2012.
- "The Alex Jones Show". Retrieved 23 February 2011.
- "Silver Prices Kindled by Unorthodox Investors". KUOW NPR (Washington: University of Washington). June 11, 2011.
- "Complaint, Agora, Inc, Pirate Investor, LLC, and Frank Porter Stansberry, Defendant". Retrieved June 30, 2013.
- "Securities and Exchange Commission, Plaintiff, v. AGORA, INC., PIRATE INVESTOR, LLC and FRANK PORTER STANSBERRY". United States Securities and Exchange Commission.